All News articles – Page 5
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NewsEuropean businesses ask China for greater details on data transfer regulations
In a push for greater transparency, European companies are requesting that China provide deeper explanations of key terminology in regulations governing international data transfers.
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NewsEuropean regulator hopes EU AI Act will set global example
European Union lawmaker Brando Benifei, a key contributor to the EU’s artificial intelligence (AI) regulations, has said that he hopes the EU’s AI Act will set the standard for AI legislation worldwide.
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NewsRussia fines Google over £134,000 for refusing to hold users’ information in Russia
Google has been hit with a 15 million rouble (£134,279) fine after consistently failing to hold data of Russian users on servers located in Russia.
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NewsRansomware attack causes disruption at Boeing
A ransomware attack against Boeing has left the aerospace giant suffering disruption to its parts and distribution business and locked in a cyberattack investigation.
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NewsUS push for tighter AI regulation
In a bid to mitigate risk when using AI, US President Joe Biden has signed an executive order designed to safeguard consumers, workers and minority groups, while galvanising national security.
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NewsOpenAI reveals ChatGPT upgrades at developer conference
OpenAI, the brains behind ChatGPT, is preparing to reveal significant upgrades that will render its AI models more affordable and versatile.
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NewsUK unveils world’s first AI safety institute
The British Prime Minister, Rishi Sunak, has disclosed plans for the UK to house the world’s first Artificial Intelligence (AI) Safety Institute.
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NewsTech firms push for longer time frame to comply with India data protection laws
Major tech players, including Apple, Google, Meta, and Microsoft, are urging India’s IT Ministry to grant an extended compliance period to organisations as they bid to meet provisions of new data protection standards in India.
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NewsEuropean sovereign cloud on horizon for Amazon Web Services
Amazon Web Services (AWS) announced intentions this week to introduce a dedicated cloud infrastructure in Europe, tailored specifically for public and private sector entities.
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NewsEU regulators struggling to reach agreement on new AI laws
Regulators in Europe continue to come up against challenges as they push to finalise new laws governing artificial intelligence (AI), with any agreement now looking unlikely until at least December.
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NewsThere’s nothing quite like face-to-face engagement!
#RISK London 2023 took place on the 18 & 19 October and attracted over 4,000 senior decision makers from end user organisations.
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News58 arrested in Europe over alleged money laundering, fraud and drug trafficking
Tax police in Italy have announced the arrest of 58 individuals suspected of money laundering, fraud and drug trade activities, allegedly supported by illicit currency brokers from China.
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NewsFive ways for businesses to strengthen privacy, bolster compliance and reduce risk
Numerous milestones in data privacy regulation are being crossed in 2023, with big developments coming in on both sides of the Atlantic.
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NewsCyberattack could lead to $100m loss for Las Vegas casino
MGM Resorts International has announced that a cyberattack the casino suffered last month has dealt a significant blow to its Q3 results, estimating a staggering $100 million hit.
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News#RISK London is supporting three brilliant sustainability projects
We are delighted to be partnering with Pinwheel who are bringing corporate funding to the most impactful planet restoration projects on earth.
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NewsNations push forward with AI regulation
AI needs to be regulated, but its swift evolution is posing challenges to the creation and application of new legal frameworks. Below, we look at steps that governments are taking to harness the emerging technology in a bid to promote its safe and effective use.
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NewsUK’s AI principles aim for accountability and transparency
The UK has laid out a new set of AI use-principles designed to reduce risk, safeguard consumers and promote fairer competition between developers.
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NewsHigh-profile German Banker on trial for fraud
In a headline-grabbing trial taking place this week in Bonn, a top German banker, Christian Olearius, is facing accusations of involvement in a vast multibillion-euro tax fraud scheme known as “cum-ex” or dividend stripping.
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NewsRockefeller Foundation accelerates ESG commitment
The Rockefeller Foundation is making greater efforts in Environmental, Social, and Governance (ESG) endeavours by pledging to funnel $1 billion into sustainability projects over the next five years.
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NewsCybersecurity allegations force Verizon to pay out $4.1 million
Verizon Business Network Services, a subsidiary of the telecom giant, will make a $4.1 million settlement payment in the wake of allegations of falling short on cybersecurity standards, the US Justice Department revealed recently.
